Analysts at Canaccord Genuity Group began coverage on shares of Super Group (NYSE:SGHC – Get Rating) in a research note issued on Friday, Briefing.com reports. The firm set a “buy” rating and a $14.00 price target on the stock. Canaccord Genuity Group’s price target would indicate a potential upside of 52.34% from the stock’s previous close.
A number of other brokerages have also recently issued reports on SGHC. Oppenheimer started coverage on Super Group in a research report on Monday, March 7th. They issued an “outperform” rating and a $11.00 target price for the company. Benchmark decreased their price objective on Super Group from $16.00 to $14.00 in a report on Thursday, April 14th. Finally, Needham & Company LLC lifted their target price on shares of Super Group from $11.00 to $12.00 and gave the company a “buy” rating in a report on Monday, March 28th.
NYSE SGHC opened at $9.19 on Friday. Super Group has a 1 year low of $7.08 and a 1 year high of $11.09.
Super Group (SGHC) Limited operates as an online sports betting and gaming operator. It offers Betway, an online sports betting brand; and Spin, a multi-brand online casino offering. The company is based in Saint Peter Port, Guernsey.
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